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Millions May Not Receive Boost For Over A Year

Public workers waited 40 years for law to boost Social Security. Now, they wait for payout

It took 40 years for Congress to pass a law to boost Social Security for public workers. Now, SSA says they must wait at least a year for the money.

Newsweek on MSN · 1d

Social Security Payments: Millions May Not Receive Boost For Over A Year

Callers to the SSA hear a message about the Social Security Fairness Act, intended to reduce long and frustrating wait times for those seeking information on the new law. However, more than 7,000 people per day still choose to wait for a live representative, leading to a backlog that is expected to grow in the coming weeks and months.

AL.com on MSN · 7h

Social Security payment this week: Up to $967 to be sent out

The maximum monthly SSI benefit for 2025 is $967 for an individual and $1,450 for a couple, compared to $943 and $1,415, respectively, in 2024. The increase resulted from a 3.2% Cost of Living Adjustment that started at the first of the year.

Social Security, COLA

Hosted on MSN · 6h

Social Security Cost-of-Living Adjustment (COLA) Update: Here's the Projected Increase for 2026

By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month.

AOL · 9h

2025 COLA Shortfall: Why Social Security Retirees Are Losing Spending Power

Social Security benefits received a 2.5% cost-of-living adjustment (COLA) in 2025, but for many retirees, this is not enough to keep up with rising prices. Their monthly checks don't go as far as they used to,

24/7 Wall St. on MSN · 9h

Retired and Struggling on Social Security? 4 Ways Downsizing Could Help

Key Points Many seniors struggle to pay their bills when they only have Social Security to fall back on. Downsizing your home could improve your financial picture in retirement. Not only might you lower your monthly costs,

20hon MSN

Worried About How President Donald Trump's Social Security Plans Could Affect Your Retirement? Do These 4 Things to Prepare Now.

Those who are unable to work in retirement may be eligible for other government benefits, depending on their income.

4hon MSN

Suze Orman warns U.S. workers on Social Security, 401(k) change

Related: Suze Orman warns Social Security recipients of a looming threat. Substantial contributions to employer-matching ...

11h

6 Big Shakeups Coming to Social Security in 2025

Nearly 72.88 million Americans rely on Social Security for monthly income. The vast majority, about 65.5 million, collect ...

21hon MSN

Social Security's Day of Reckoning Is Getting Dangerously Close

The program's combined trust funds, however, are set to run dry in 2035, according to the most recent Social Security ...

10hon MSN

Here are changes Americans would make to close Social Security's financing gap

Social Security benefits may be reduced in the next decade due to a financing shortfall. A new survey asks Americans how they ...

1don MSN

Medicare, Social Security Immune From Trump’s Federal Freeze

Unclear if sweeping executive order will affect Medicaid and other federal assistance programs for older Americans.

WBBJ-TV1h

What the Tech: IRS identity Pin

Tax season is here, and while you’re busy gathering receipts and crunching numbers, scammers are working overtime to steal your hard-earned money. According to the IRS, tax fraud and scams cost ...

DeepSeek is giving the world a window into Chinese censorship and information control

Previously little-known Chinese startup DeepSeek has dominated headlines and app charts in recent days thanks to its new AI ...

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Millions May Not Receive Boost For Over A Year

Social Security, COLA

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